BTC retakes $100K, Stellar tracks XRP price rally amid VanEck ETF filing
- Cryptocurrencies aggregate market capitalization reached $3.5 trillion on Wednesday, rising by $152 billion within the daily timeframe
- This 4.8% increase is the highest single-day crypto market gains since in 35 days dating back to December 11.
- Bitcoin price rose as high as $100,600, rising 3.3% on the day.
- BTC’s 3% gains trails the broader crypto sector gains of 5%, signalling that investors are currently leaning into the altcoin market.
Bitcoin Market Updates: BTC retakes $100,000 but downside risks remain active
Bitcoin ETFs Performance, January 15 2025 | Source: SosoValue
- Bitcoin ETFs recorded over $209 million outflows on Wednesday, which also dampened the bullish momentum.
